Using Blockchain to Enable Faster Cross Border Remittance

Using Blockchain to Enable Faster Cross Border Remittance

Fintech as a whole is rapidly adopting potential applications of the blockchain across the board and many players in the space seem keen to test out what efficiencies can be extracted out of this emerging technology in the fastest and most disruptive way possible. It’s clear that there is much room for growth in the space of remittances using distributed ledger technology.

Existing Remittance Options Take Too Long

Currently, anyone who banks with major institutions knows what’s involved, at least on the user end, with remitting money overseas. Continue reading Using Blockchain to Enable Faster Cross Border Remittance

Hilarious Possibilities of Technology

Ever wondered how technology can seem hilarious? Any ideas? This article focuses on several such possibilities. Read on to find out.

Here they go:

Long time ago, people who sacrificed their sleep, family, food, laughter and other joys of life were called saints. But now, they are called IT Professionals.

I changed my password to “Incorrect” so that when I forget what it is, the computer will say, “The Password is Incorrect.”

Never let the computer know that you are in a hurry. Continue reading Hilarious Possibilities of Technology

5 Common Misconceptions About Church Tech

Church tech is not new. The idea that the use of technology in the church is somehow wrong, ineffective or unprecedented is a misconception. God’s people have always used technology to further the kingdom. Perhaps the confusion comes in the definition of technology.

Technology can be defined as the use of scientific knowledge for practical purposes or applications.

What Is Church Tech?
Church tech then can be defined as the use of methods, processes or knowledge to further the goals and mission of the church. Continue reading 5 Common Misconceptions About Church Tech

A Quiet Company Targets The Defense & Military Market With Disruptive Technology

A Quiet Company Targets The Defense & Military Market With Disruptive Technology

It’s always fascinating to hear about companies that are redefining the rules and changing the game, however here’s a short review of how a technology-based company with breakthrough solutions, put it all together.

The Setting

Intilop, a specialist in Network Acceleration and Network Security products made a strategic decision to target the Aerospace and Defense & Military Markets.

Intilop focuses on Ultra-Low latency and Hyper Performance Complex Networking Protocol Accelerators, with emphasis on full TCP, UDP, ARP and IGMP & other Mega IP Cores, Sub Systems and Solutions.

It was clear that the timing was right to introduce this technology to Defense Contractors and other Industry players that could utilize this high-performance technology in the development and deployment of their complex networking systems.

Applications Mix
This technology has been applied to a range of customer projects (cross-Industry lines) including:
-more than 60 high-speed trading firms co-located with NASDAQ, NYSE and other world stock exchanges, delivering a million FIX and other financial transactions per second
-image transfer applications in Semiconductor Inspection Equipment handling large multi-gigabyte image files needing to be transferred in real-time
-image transfer applications in TeleMedicine Server Systems where large multi-megabyte image files need to be transferred live and in real-time
-ground stations supporting Satellite systems distributing data and images live to an active, complex network.

Current Picture

The company had traction with notable Defense Contractors like Northrop Grumman, IBM, L-3, Telspan and others, which validated the Strategic direction.

The Spade Work

Core research was conducted to identify key segments and application areas that were a “best fit” opportunity for the company’s technology base.

This also had to be calibrated to fit the company’s expertise and raw organizational, financial and resource capabilities.

Being an early-stage company, it could not sustain long selling cycles (18-24 months) or enter a Market area that provided serious barriers of entry or strong competitive influences.

Not an easy challenge.

The Output

Given the nature of the technology, the target area of focus revolved around Network Communications for large volumes of data, complex data sets, bottlenecks, etc. Continue reading A Quiet Company Targets The Defense & Military Market With Disruptive Technology

How Technology Has Broadened Teaching Horizons

With today’s technological advancement, there is a race against time for classroom teachers to avail of the power of technology in delivering knowledge and all to their learners. If some of them are not adept at using technology in the classroom, chances are learners are in disadvantaged in learning against the ones who have been learning through the aid of technology.

This is why, during summer, teachers are trained to become knowledgeable in using technology in the classroom. In fact, just recently, selected teachers harnessed their skills in using Microsoft Mix, Sway, Prezi, to mention just a few. Continue reading How Technology Has Broadened Teaching Horizons

What Is The Impact Of Wearables In Workspaces?

The only constant in the world of tech is obsolescence. Every new gadget, every new version of it, becomes dated the minute it is out. R&D and innovation are the buzzwords today.

That is, in fact, a good thing. With every new invention, ways of working and communicating are getting simpler, faster and easier. Take smartphones, for instance. Wouldn’t you agree that they have taken over a large portion of the work done primarily by laptops and desktops? Information is available at your fingertips, on the go.You no longer have to be stuck to your desk. Continue reading What Is The Impact Of Wearables In Workspaces?

An Overview of the Block Chain Technology and Its Benefits

In recent times, block chain technology redefined the Internet and led to the emergence of a new type of internet where digital information is distributed without copying. The technology was conceived and devised primarily for crypto currencies, digital currencies like the Bit-coin. In contemporary times, bit-coin is referred to as the digital gold and the total value of this currency is close to about 9 billion US dollars. Block chain technology can make other type of digital values. The functioning of the technology is encapsulated and therefore the user can use it without having to know it in detail. Continue reading An Overview of the Block Chain Technology and Its Benefits

6 Places to Look for Technology

Which places do you look for technology to practice your skills, improve on them and gain more knowledge? This article focuses on this point. Read on to find out.

Here they are:

1) IT Industry

You can be an entrepreneur in an IT company and look forward to use the skills you already have and sharpen them to thrive better. Working in an IT company means good salary and good opportunities to make you thrive. The downside is that you have to work on a 9-5 schedule every weekday. Continue reading 6 Places to Look for Technology

Lithium-Ion Battery Pack

Batteries today are omnipresent today that they are invisible to us. Running in cars, digital cameras, drones, bulbs, mechanical tools, inverters, ships, trains, airplanes, windmills and even in satellites. The basic science behind the battery is chemical energy converting to electrical energy containing three main components: Anode, Cathode, and Electrolyte. The revolution in the battery over the years are through several stages of chemical combinations and implementations. Starting from Voltaic Pile to Daniell Cell, then from Lead-Acid to Nickel Cadmium battery, further evolving to Alkaline Battery, Nickel-Metal Hydride (NiMH) and then finally to Lithium-ion battery. Continue reading Lithium-Ion Battery Pack

How To Stop Thinking About Technology

How To Stop Thinking About Technology

Is technology always on your mind? It need not be. It’s a wide world out there for you to venture and experience a lot of other fun stuff which may be missing from your life. Please stop thinking about technology for a while. This article gives you seven ways for that. Read on to find out.

Here they go:

1) Life is not only about cell phones and digital screens. Continue reading How To Stop Thinking About Technology